News today that Magna is in talks to buy Italian contract auto manufacturer and design house Pininfarina SpA.
One angle that wasn't mentioned in the Globe and Mail article, was that Pininfarina is the same company that has been working together with the Bolloré Group to produce the Bluecar. The Bluecar is an electric car that uses new battery technology produced at Bolloré's plant in Boucherville, near Montreal, as well as at another location in France.
Bollore's battery is called the Lithium Metal Polymer (LMP), which is notable for faster recharge times and larger storage capacity by weight than traditional batteries.
This would potentially add the dimension of a completely Canadian built EV to the Magna - Pininfarina talks..